Great opportunity in Rajasthan for domestic manufacturing in energy sector: FICCI

Rajasthan is home to most of the conventional and non-conventional sources of energy generation. The government of India has released its roadmap to achieve 175 GW capacity in renewable energy by 2022, which includes 100 GW of solar power and 60 GW of wind power. The Union government is preparing a ‘rent a roof’ policy […]

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Inox Wind consolidated net loss widens to Rs 73 cr in June quarter

Wind turbine maker Inox Wind on Friday said its consolidated net loss widened to Rs 73.27 crore in June quarter as compared to the year-ago period. The company’s loss in April-June 2019-20 was at Rs 14.16 crore, according to a BSE filing. Total income declined to Rs 101.90 crore in the quarter from Rs 264.53 […]

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Suzlon’s net loss widens to Rs 399 crore in first quarter

Renewable energy solutions provider Suzlon’s net loss widened to Rs 399 crore in the April to June quarter from Rs 326 crore in the same period of previous fiscal. Revenue from operations in Q1 FY21 declined to Rs 513 crore from Rs 833 crore in Q1 FY20 due to low volumes amid the COVID-19 pandemic […]

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For round the clock renewable energy R K Singh proposed RPO

Power Minister R K Singh at the 6th Foundation Day of Association of Renewable Energy Agencies of States (AREAS) has proposed renewable purchase obligation (RPO) mechanism for round the clock (RTC) renewable energy, which will promote storage of electricity in the country. Under the renewable energy purchase obligation, bulk purchasers like discoms, open access consumers […]

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Atmanirbhar Bharat can get boost only with Innovations in renewable energy: Piyush Goyal

Piyush Goyal, Minister of Railways and Commerce & Industry at the launch of ‘Powering Livelihoods’, an initiative by CEEW and Villgro Innovations Foundation said  Atmanirbhar Bharat can get boost only with Innovations in renewable energy: The minister echoing government’s vision of Atmanirbhar Bharat, stated that India should contend for a leadership role in global renewable […]

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NTPC NVVN signs MoU with Greenko Energies for Renewable Energy solutions

NTPC Vidyut Vyapar Nigam Ltd. (NVVN), a wholly owned subsidiary of NTPC Limited has signed an MOU with Greenko Energies Pvt Ltd. The duo has signed MoU for exploring the possibility of entering into an arrangement for trading, collaboration and partnership in Integrated Renewable Energy Storage Projects set up by GREENKO to offer Round the […]

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TERI proposes Rs 40 lakh cr in clean energy projects to revive Indian economy

The Energy and Resources Institute (TERI) released a discussion paper on ‘‘ to revive Indian economy by creating demand and jobs with policy and regulatory interventions using minimal government spending. Speaking at the launch of discussion paper, Dr Ajay Mathur, Director General, TERI, said, “The focus of India’s stimulus packages has been on enhancing credit […]

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To boost ‘Atmanirbhar Bharat’ power sector minimized Import of power equipment: RK Singh

Country’s power sector has agreed to support government’s Atmanirbhar Bharat scheme manufacturing and procuring power equipment produced in the country. Union Power Minister R K Singh on Friday said that in an effort to boost the Atmanirbhar Bharat scheme, the power sector has agreed to manufacture and procure most power equipment in the country and […]

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BHEL wins maiden order for battery energy storage systems from TERI

BHEL on Friday said it has bagged its maiden order for battery energy storage systems from TERI. However, the company did not divulge details about the value of the order. “Amidst stiff competitive bidding, BHEL has won its first commercial order for state-of-the-art Battery Energy Storage Systems from The Energy and Resource Institute (TERI),” BHEL […]

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